A Group of Ministers headed by Finance Minister Pranab Mukhejree is likely to meet on Monday to vet London-listed mining group Vedanta Resources' $ 9.6 billion acquisition of Cairn India.
Over 30 persons were taken into custody at two different places by police when they tried to stop the convoy of Union Minister for Petroleum and Natural Gas, S Jaipal Reddy, and State Home Minister Sabita Indra Reddy who were on their way to Gangirala village in Rangareddy district of Andhra Pradesh, on Sunday.
A CCEA meeting is scheduled for tomorrow but the approval for the Cairn-Vedanta deal is not listed on its agenda so far.
A refurbished R K Khanna Tennis Complex was formally handed over to Commonwealth Games Organising Committee chairman Suresh Kalmadi on Monday, at a ceremony attended by Union Minister of Urban Development S Jaipal Reddy and Delhi Chief Minister Sheila Dikshit. Unlike other stadia, upgradation of which is being undertaken by government agencies like the DDA and NDMC, the tennis venue was completed by the All India Tennis Association (AITA).
Currently, the gas pipelines have a capacity to transport 230 mmscmd of gas.
Sources said government headhunters Public Enterprise Selection Board had on September 29 last year, named Butola as its most preferred choice to head the nation's largest oil firm.
Refusing to be cowed by pressure being brought on him, Oil Minister S Jaipal Reddy on Friday said the decision for mining group Vedanta Resources' $9.6 billion buyout of Cairn India will be taken by the Cabinet without "sacrificing" on national interest.
The government has no plans to increase petrol and diesel prices even though international crude rates have touched $100 per barrel, Oil Minister S Jaipal Reddy said in Panipat on Tuesday.
After weeks of delay, Oil Minister S Jaipal Reddy has agreed to clear appointment of two independent directors on board of Oil and Natural Gas Corp (ONGC), a requirement that was must for the state-owned firm's public offering next month.
Industrialist Anil Ambani met Oil Minister S Jaipal Reddy on Wednesday, seeking natural gas allocation for his group's upcoming power projects.
Cairn Energy Plc chief executive Bill Gammell described the 30-minute meeting as 'positive and constructive'.
Reddy, who moved from urban development to the oil ministry, got down to tackling the task straightaway with a brainstorming session with senior ministry officials on Thursday.
In a surprise development, S Jaipal Reddy was on Wednesday made the petroleum and natural gas minister in the reshuffle and expansion of the Cabinet, which saw the elevation of three ministers to the Cabinet rank and induction of three new faces.Praful Patel, Shriprakash Jaiswal and Salman Khursheed were promoted as Cabinet ministers while Congress leaders Beni Prasad Verma (Uttar Pradesh), Ashwani Kumar (Punjab) and K C Venugopal (Kerala) were the new inductions.
Janata Dal (United) chief Sharad Yadav on Monday suggested selling of diesel at higher prices to private car owners, hotels and malls to fund fuel subsidy for farmers and public transport sector.
Ahead of the much anticipated meeting of a high power panel of ministers, Oil Minister S Jaipal Reddy on Friday said his ministry has made no specific proposal on increasing auto and cooking fuel prices.
BP, which recently bought 30 per cent stake in KG-D6 and 20 other blocks of Reliance Industries for $7.2 billion, is keen to undertake sea-bed surveys this winter season -- the only four months weather window available in Bay of Bengal for such jobs, to acess potential of satellite discoveries in the block and draw blue-print of their development.
The Hyderabad police on Monday registered the death of Kiran Reddy, niece of Union Minister for Petroleum S Jaipal Reddy, as murder and would question her husband soon, senior officials said.
An empowered group of ministers headed by Finance Minister Pranab Mukherjee, which decides on revising rates of the sensitive products, has not met since June last year even though crude oil prices have spiralled upward by about 50 per cent.
Empowered group of ministers on fuel pricing was likely to meet soon.
The decision came following the intervention of Civil Aviation Minister Vayalar Ravi who met Petroleum Minister S Jaipal Reddy to sort out the issue.
The Union Cabinet on Thursday gave its approval to establish a special purpose vehicle for funding infrastructure projects
Union Minister S Jaipal Reddy on Monday accused the Bharatiya Janata Party of not accepting Mahatma Gandhi as the Father of the Nation and said the party leaders should clarify the issue. "Even today the BJP does not accept Mahatma Gandhi as the father of the nation. Senior BJP leaders should clarify that whether the party considers Mahatma as the father of the nation or not," Reddy said.
Of these, only 216 are spoken by a group of 10,000 persons or more.
Andhra Pradesh ministers from the Telangana region, who have sent their resignation letters to Sonia Gandhi, arrived in New Delhi on Sunday to hold consultations with top leaders, and demanded that the government come out with a "time-bound programme" for the creation of a separate state.
India imported 13.2 million tonnes of crude oil from Nigeira in 2009-10.
With global crude oil prices climbing to their highest level in two-and-a-half years, Oil Minister S Jaipal Reddy on Friday said a ministerial panel will take a call on raising petrol and diesel prices.
The foundation stone for the prestigious Hyderabad Metro Rail Project will be laid in January 2011.
Minister for Urban Development S.Jaipal Reddy Union on Wednesday said that the Delhi Metro is the proudest achievement of modern India. He further mentioned that the ministry has taken some important decisions relating to urban transport to help the daily commuters and ease traffic congestion.
The first meeting of the Group of Ministers on inclusion of caste categories in the census is likely to be held on July 1.
Basket of crude up 6%, while rupee has depreciated nearly 14% leading to losses
As part of investigations into the suspicious death of Kiran Reddy, niece of Union Minister for Petroleum S Jaipal Reddy, police on Tuesday began questioning her husband and in-laws.
Oil Minister S Jaipal Reddy has written to Finance Minister Pranab Mukherjee demanding a hike in excise duty on diesel cars to make up for subsidised fuel being used in vehicles.
Reliance Industries' eastern offshore KG-D6 gas fields are likely to see output drop to all-time low of 20 million standard cubic meters per day in 2014-15, Oil Minister S Jaipal Reddy said on Tuesday.
More than three months after RBI scrapped a long-standing payment mechanism used to pay for Iranian crude imports, India has resumed payments to the nation's second largest oil supplier using an alternative system.
With food inflation ruling at uncomfortable level, Petroleum Minister S Jaipal Reddy on Thursday ruled out freeing of diesel prices from government control, saying the move was not politically and practically feasible.
There is no proposal on the anvil for an increase in prices of diesel, Reddy told reporters after taking charge of the new ministry.
Union Urban Development Minister S Jaipal Reddy said Metro rail system in cities like Mumbai and Chennai will be built on standard gauge, which is used in most of the new age transport systems in the world.
A day after the Centre put the Telangana issue on the backburner, Congress Members of Parliament from the region are likely to resign on Thursday to protest the government's action. Sources said 12 Congress MPs from the Telangana region in Andhra Pradesh have decided to resign and are holding deliberations on whether to send their resignations to Lok Sabha Speaker Meira Kumar or party chief Sonia Gandhi. Karimnagar MP Ponnam Prabhakar said he has decided to put in his papers
Delhi Metro on Thursday achieved another milestone when a brand-new train chugged into the satellite city of Noida for the first time paving the way for thousands of commuters in east Delhi and adjoining areas to enjoy the new age transport system.
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